The Senate’s version of the 2012 Farm Bill is reportedly second on that body’s legislative agenda when it returns from recess next week. This means the bill could be on the Senate floor as early as June 5, though no firm date has been announced. The bill, known formally as the Agriculture Reform, Food and Jobs Act of 2012, or S. 3240, was officially introduced in the Senate last Thursday. New Congressional Budget Office (CBO) numbers out last Friday confirmed that the legislation would cut $23.6 billion from federal spending, with about 83 percent of funding reductions coming from Title I programs.
More on the Senate bill is at http://www.ag.senate.gov/issues/farm-bill.
The CBO score is at http://www.cbo.gov/sites/default/files/cbofiles/attachments/s3240.pdf.